Archer County Real Estate and Livability Trends
Archer County, Texas has experienced a significant rise in median home values, from $107,500 in 2015 to $157,500 in 2022, compared to the sharper statewide increase from $136,000 to $238,000. This trend, coupled with a surge in residential energy tax credits per tax return—from $233.33 in 2013 to $4,133.33 in 2021—suggests growing interest in energy-efficient home improvements. Real estate... Read more
Archer County Market Trends
Median home values in Archer County, Texas have risen from $107,500 in 2015 to $157,500 in 2022, showing less aggressive growth compared to the statewide increase from $136,000 to $238,000. Residential energy tax credits per tax return surged dramatically, from $233.33 in 2013 to $4,133.33 in 2021, hinting at a shift toward energy-efficient home improvements. Real estate taxes saw a notable... Read more
Median Value of Occupied Housing Units in Archer County, Texas Over the Last 8 Years
Median home values in Archer County, Texas have seen a relatively steady increase over the past eight years, rising from $107,500 in 2015 to $157,500 in 2022. This growth, while notable, appears less aggressive than trends observed statewide. Texas itself saw a jump in median home values from $136,000 in 2015 to $238,000 in 2022. Nationally, home values also rose, but at a slower pace compared to Texas, with the median value increasing from $125,500 in 2015 to $179,400 in 2022. For those considering investment or relocation to Archer County, these figures suggest a more stable yet steady market when compared to the wider state and national trends.
Residential Energy Tax Credit Per Tax Return in Archer County, TX Over the Last 7 Years
Over the last seven years, residential energy tax credits per tax return in Archer County, Texas, show a dramatic increase—from $233.33 in 2013 to a staggering $4,133.33 in 2021. This trend suggests growing investments in energy-efficient home improvements, likely influenced by rising energy costs and potential state incentives. Such data could point to a shift towards sustainable living, making the area attractive for eco-conscious investors and homeowners. Appraisers and insurance agents might note the increased property values and risk profiles tied to energy-efficient upgrades. Real estate agents can highlight these trends to potential buyers looking for modern, cost-effective homes.
Average Real Estate Taxes Per Tax Return in Archer County, TX Over the Last 10 Years
Real estate taxes in Archer County, Texas, have experienced a general upward trend over the past decade, increasing from $3,210.29 in 2012 to $5,915.00 in 2021. Noteworthy spikes occurred between 2016 and 2018, pushing the average taxes beyond the $5,000 mark. This gradual climb suggests rising property values and possibly shifting local fiscal policies, making it crucial for investors and homeowners to anticipate higher annual expenses and consider this increasing tax burden in their financial planning.
Percentage of Farm Returns in Archer County, TX Over the Last 10 Years
Archer County, Texas has seen relatively stable percentages of farm tax returns over the past decade, generally hovering between 11.10% and 11.93%. Farm tax returns refer to the portion of tax filings submitted by agricultural entities, reflecting the prevalence of farming activities in the area. This stability might suggest a consistent agricultural presence, which could be of interest to investors, developers, or those considering moving to the area, as it may indicate a steady rural economy. For those building property, the consistent farm returns could mean there are dependable local markets for farming goods and services.
Number of Mortgages by Occupancy Type in Archer County, TX Over the Last 5 Years in Archer County
Over the past five years in Archer County, Texas, there has been a noticeable preference for principal residences, with mortgage counts consistently outpacing those for investment and second properties. The significant spike in 2020, with 455 principal residence mortgages, aligns with broader real estate trends during the pandemic that saw increased home buying. Investors might find the steady, albeit lower, interest in investment properties—hovering around the mid-teens each year—indicative of a stable, if not booming, investment environment. The sparse numbers for second residences highlight limited demand in this category, possibly suggesting a lesser appeal or availability of vacation homes in the area. Understanding these trends could help adjust investment strategies, pricing models, and risk assessments for various stakeholders from developers to insurance agents.
Economic Outlook
Archer County, Texas has seen its average taxable income per tax return rise from a low of $58,830.65 in 2016 to a peak of $83,706.22 in 2021, likely indicating a burgeoning economy. Concurrently, average state and local income taxes have fluctuated, reaching as high as $5,350.00 in 2013 before hitting $3,366.67 in 2016. These variables suggest potential impacts on real estate values, investment returns, and property development. Similarly, the total tax liability per return has showcased... Read more
Average Taxable Income per Tax Return in Archer County, TX over the last 9 years
Over the past nine years, Archer County, Texas has experienced notable fluctuations in average taxable income per tax return. For instance, there was a significant dip to $58,830.65 in 2016, but the trend shifted positively, peaking at $83,706.22 in 2021. This increasing trajectory, especially the sharp rise in recent years, might suggest a growing economic resilience or new opportunities attracting higher income brackets. This trend could impact real estate values, property development, and local investing strategies, implying a potentially lucrative environment for various stakeholders.
Average State and Local Income Taxes Per Tax Return in Archer County, TX Over the Last 6 Years
Over the last six years, Archer County, Texas has seen fluctuating average state and local income taxes per tax return, showing a notable peak in 2013 at $5,350.00 and a significant dip in 2016 down to $3,366.67. These fluctuations could be of interest to potential investors and property developers, as they may reflect broader economic shifts in the area that could impact investment returns. For appraisers and real estate agents, staying attuned to these trends is key, as they can influence property values and the local housing market. Similarly, insurance agents may find this data useful in assessing risk and policy pricing.
Average Total Tax Liability Per Tax Return in Archer County, TX Over the Last 10 Years
The average total tax liability per tax return in Archer County, Texas, showcases fluctuating trends over the past decade. From a high of $14,535.18 in 2014 to a low of $9,998.62 in 2016, there's been notable variability. Recent years have seen figures stabilize around the $10,000–$13,000 range, peaking again in 2021 at $13,861.35. This data suggests shifts in the economic landscape could influence potential investments and property values in the region, offering important insights for real estate agents, appraisers, and prospective homebuyers.
Cost of Living in Archer County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,041 | $1,399 | $2,322 | $1,282 | $974 |
1 adult 4 children | $1,041 | $1,143 | $1,778 | $1,282 | $1,067 |
2 adults 3 children | $1,041 | $1,143 | $2,013 | $1,282 | $780 |
1 adult 3 children | $1,041 | $933 | $1,470 | $1,282 | $831 |
2 adults 2 children | $771 | $936 | $1,704 | $1,111 | $669 |
1 adult 2 children | $771 | $699 | $1,161 | $1,111 | $590 |
2 adults 1 child | $771 | $740 | $1,395 | $552 | $619 |
1 adult 1 child | $771 | $478 | $852 | $552 | $498 |
2 adults | $630 | $594 | $1,087 | $0 | $549 |
1 adult | $582 | $324 | $543 | $0 | $460 |
Safety trends & Data
Archer County, Texas has shown comparatively low but varied property crime activity over the past four years. With minimal vandalism incidents—just one reported in 2019—and sporadic cases of forgery, counterfeiting, and motor vehicle theft, the crime landscape seems relatively tame. The slight increase in burglary arrests in 2020 doesn’t overshadow the generally low crime rate, which may be appealing for investors, real estate agents, and prospective... Read more
Property Crime Trends in Archer County, TX Over the Last 4 Years
Archer County, Texas has shown relatively low but varied property crime activities over the past four years. Vandalism incidents are minimal, with only one case reported in 2019. Burglary saw a slight uptick in 2020 with two arrests. Forgery and counterfeiting appeared sporadically in 2020 and 2021, each with one incident. Motor vehicle theft maintained a presence but low frequency, with one case each in 2021 and 2022. These trends could indicate a generally low crime rate, potentially making the area appealing for investors, real estate agents, and those considering relocation.
Demographics
Archer County, Texas features a demographic split with a slight male-to-female balance, highlighting a diverse age range with a notable concentration in the 55 to 64 age bracket. Educational attainment leans heavily towards high school graduates, with a significant portion pursuing some college but not completing a degree. The racial composition is overwhelmingly White, with minimal representation from other racial groups. This data suggests targeted community resources and educational programs... Read more
Race Distribution in Archer County, Texas (2022)
Educational Attainment in Archer County, Texas (2022)
Age Distribution in Archer County, Texas
Citizen Population in Archer County, Texas (2022)
Political Trends & Data
Archer County, Texas shows a pronounced Republican incline, with nearly 90% of the 2020 U.S. Presidential Election votes cast in favor of the GOP, while Democrats attracted just shy of 10%. Minor parties barely registered, underscoring a strong preference for the two dominant political parties in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Archer County, Texas, the 2020 U.S. Presidential Election showed a significant leaning towards the Republican party, capturing nearly 90% of the votes. Democrats garnered just under 10%, indicating a substantial disparity between the two major parties. Minor parties like the Libertarians and Greens made minimal impact, reflecting a strong tendency towards traditional two-party voting behavior in this county.
89.66% of voters voted for the Republican party in the 2020 Presidential Election
9.30% of voters voted for the Democrat party in the 2020 Presidential Election
0.94% of voters voted for the Livertarian party in the 2020 Presidential Election
0.08% of voters voted for the Green party in the 2020 Presidential Election
0.02% of voters voted for the Other party in the 2020 Presidential Election
School Data
Archer County, Texas has maintained a relatively stable student-to-teacher ratio, hovering below the national average of 14 students per teacher. Over the past decade, the ratio peaked at 13 in 2022 before slightly declining in 2023. These trends might be significant for homebuyers, investors, and families eyeing the area since class size and individualized attention can influence educational quality. These ratios also offer insights into community growth and stability, which can be vital... Read more
Student-to-teacher ratio in Archer County, Texas over the last 10 years
Archer County, Texas has seen its student-to-teacher ratio fluctuate mildly over the past decade, starting at around 12 students per teacher in 2014 and peaking at 13 in 2022, before slightly receding in 2023. This ratio has consistently been below the national average of 14 students per teacher. Changes in the student-to-teacher ratio may reflect on class size, individual attention to students, and the overall quality of education, which are crucial factors for prospective homebuyers, investors, and families considering moving to the area. Additionally, appraisers and insurance agents might consider these trends as indicators of community growth and stability.